Damac Hills Market Report

November 2024

Transactions
1
0% MoM
Total Volume
AED 65.0M
0% MoM
Average Price
AED 65.0M
0% MoM
Avg Price/Sqft
AED 7,386
Median: AED 65.0M

Market Analysis

Damac Hills recorded 1 transactions totaling AED 65.0M in November 2024, with average prices trending stable.

Performance Trends

Month-over-Month

Volume Change
0%
Average Price Change
0%
Transaction Count Change
0%

Year-over-Year

Volume Change
0%
Average Price Change
0%
Transaction Count Change
0%

Property Type Distribution

VILLA

1
100% of transactions
Avg: AED 65.0M

Premium Transaction

Damac Hills Golf Residences

VILLA

Price
AED 65.0M
Bedrooms
5
Price/Sqft
AED 7,386
Transacted: 11/15/2024

Frequently Asked Questions

What was the average transaction price in Damac Hills during November 2024?
The average transaction price in Damac Hills for November 2024 was AED 65,000,000. This metric reflects the luxury positioning and desirability of the community during this period.
How many transactions occurred in Damac Hills in November 2024?
1 transactions were recorded in Damac Hills during November 2024, representing a 0% month-over-month change.
What property types dominated the market in Damac Hills during November 2024?
Transaction data reflects diverse property type preferences aligned with luxury market positioning.
Is Damac Hills a sound investment in November 2024?
Evaluate Damac Hills based on the November 2024 performance metrics: transaction volume, average prices and year-over-year trends. Compare with other luxury communities to assess relative value. Consult with MRK's investment advisory team for personalized guidance.
How does November 2024 compare to the previous month in Damac Hills?
Month-over-month, Damac Hills showed a 0% change in average prices and a 0% change in transaction volume, indicating adjusting market conditions.

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